商务英语BEC高级阅读练习题及答案

BEC高级阅读练习题及答案导读：本文商务英语BEC高级阅读练习题及答案，仅供参考，如果觉得很不错，欢迎点评和分享。Acautiousapproachcanbeusedwhencalculatingwhatacompanyisworth.Considerpersonnelissuessothatyouhavesufficientresourcestofulfillyourobjectives.Inordertoknowifyoucanmakeareturnonyourinvestment,assesshowyoucanaddtothecompanyyouarebuying.Providingsufficientsupportforstaffduringtheacquisitionprocesscanhaveafavourableoutcome.Takeintoaccountyourlong-termrequirementstoensureyouhavetheresourcesyouneed.Evenafterinvestingsomeeffortintheacquisition,itmaystillbenecessarytowithdraw.Termsinitiallynegotiatedcanbechangedaftertheacquisition.MergersandAcquisitionsAsFinanceDirectorofplasticsmanufacturerVKT,YvonneMaynarthasoverseenmanysuccessfultakeoversItisessentialtobuildupateamtohandletheacquisitionsothatyourexistingbusinesscancontinueuninterruptedduringthedeal.Italsohelpstooperatewithsparecapacitysothatyoucantransferpeopleduringtheinitialstages. Akeypersonshouldbedrivingtheacquisitionprocessforward,althoughonepersonalonecannotassumeresponsibilityforalargedeal.Itisclearlyvitaltodothoroughresearchwhenidentifyingpotentialtargets-butdonotbeafraidtowalkawayfromadealifyoubecomeawareofseriousdifficultieswithacompanyyouaretargeting.Todecideonthevalueofanytargetbusiness,youmustfirstdeterminewhatcontributionyouracquisitioncanmaketoit.Forexample,youmaybeabletoincreaserevenuethroughamorefocusedmanagementteam,orimprovemarginsthroughgreaterpurchasingpowerandlowercosts.AtVKT,webaseourvaluationsonconservativeassumptions-wealsoaddintheriskelement.Thisapproachmaybebest,andit’sworthrememberingthatwithlistedcompanies,shareholderstendtohavehigherrisk/rewardexpectations.Developingrelationshipswithfinanceprovidersisakeypartofthefinancedirector’srole.Itisimportanttodrawupagoodbusinessplantoensurebackingfromlendersintheearlystagesoftheacquisition.Yourloanapplicationneedstobesupportedbydetailedprofitandcashflowprojections.Makesureyoufactorinsufficientfinancetoletthebusinessdevelopovertime,andallowforreinvestment.HereatVKT,weusuallyfinanceacquisitionswithbankdebtintheformofa364-dayloan,whichcanthenberefinancedatalowerinterestratelater.Ifanacquisitionislarge,itcantakeyearsforcompaniestointegrate.AtVICT,wemonitorallacquisitionscloselyforatleasttwoyears,andthemostimportantlessonI’velearnedisthatadealisonlygoodifitisbeneficialforbothvendorandacquirer.Changecausesconfusion,soitneedstobehandledcarefully.Inordertoprotectprofitsandgrowthebusiness,youneedtominimisetheimpactofchangeandhelpthepeopleaffectedfeelcomfortableaboutit.Whenthisisdoneproperly,itcanreallyboostmorale.这篇文章是关于收购的一些建议。一位专家针对收购可能出现的情况给出了自己的看法。A段是说要专门建立一个团队来处理收购事宜，要有一个关键的人来推动收购的进行。同时还要对潜在的目标进行深入研究，如果发现了问BCD对于出现的相关变化，要妥善处理。处理的好的话会提高士气。B段是和评估企业价值相关的内容，所以答案在B段中找。是原文的这么一句：webaseourvaluationsonconservativeassumptionsconservativecautious，baseourvaluations也就是计算公司的价值。(personnelissues)A两句话：Itisessentialtobuildupateamtohandletheacquisitionsothatyourexistingbusinesscancontinueuninterruptedduringthedeal.Italsohelpstooperatewithsparecapacitysothatyoucantransferpeopleduringtheinitial第三题，要想知道你能从投资上获得多少回报，评估你能给购买的公司增decideonthevalueofanytargetbusiness,youmustfirstdeterminewhatcontributionyouracquisitioncanmaketoit.同样的意思。第四题，在收购过程中对员工提供足够的支持可以产生良好的结果。这题Dhelpepeopledfeelaboutit.Whenthisisdoneproperly,itcanreallyboostmorale帮助受影响的人感觉到舒服一些。当这些被妥善处理了，可以真正提升士气。C段的这么一句：Makesureyoufactorinsufficientfinancetoletthebusinessdevelopovertime,andallowforreinvestment.eot对应于factordevelopovertimelong-timerequirement。第六题即便是在对收购投入了大量的努力之后也仍然可能有必要退出答案是A段的最后一句notbeafraidtowalkawayfromadealifyoubecomeawareofseriousdifficultieswithacompanyyouare如果你清楚了目标公司的严重困难，不要害怕从这桩交易上